Property lender Mera Investment Management has partnered with the London School of Economics (LSE) to explore the role of non-bank finance in UK real estate.
The aim is to explore the broader implications of non-bank lending, including its impact on high-risk sectors and underwriting standards.
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Mera will produce a report in partnership with professor Olmo Silva and Dr Ignacio Aravena-Gonzalez of LSE. The research will include a broker survey tracking demand-side lending trends, alongside insights from high net worth investors offering an investor perspective.
Topics will include the asset types most financed using private credit, loan structure, interest rate expectations, geographic focus, and macroeconomic influences like geopolitical risk and inflation.
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The wider report will combine desktop research and data from broker and HNWI surveys, examining borrower trends, lending conditions, and investor sentiment.
“Private credit is no longer a niche. Institutional capital is stepping in to fill the gap left by retreating banks—bringing increased liquidity and competition,” said Edward Matthews, chief executive of Mera.
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“We look forward to engaging with a range of borrowers and stakeholders on the topic to track year-on-year borrower sentiment regarding non-bank lending and what it means for the future of real estate funding.”
